AVB 0.00% 16.5¢ avanco resources limited

Ann: Becoming a substantial holder, page-33

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  1. 790 Posts.
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    Don't think anyone who accepted can ask for shares back now which is why they went unconditional...

    If they hadn't accepted would have had the option to take back shares as of Friday.

    Another bidder ie glencore could lob a bid now to make oz match and push up the price for their own stock.

    Or potentially to grab from ozl their holdings and oz makes a couple hundred mill easy cash.

    Oz fully committed now.
 
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